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Working Paper
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Understanding the relationship between income inequality and economic growth is of utmost importance to economists and social scientists. In this paper we use a Bayesian structural vector autoregression approach to estimate the relationship between inequality and growth via growth and inequality...
Working Paper
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The paper finds that a new system of social stratification is emerging in rural China in the wake of economic reforms, one that is far less equal than what preceded it. As part of this trend, wealth inequality has increased markedly in a short period of time. A relatively equal distribution of land...
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